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Broadstone Net Lease, Inc. - BNL STOCK NEWS

Welcome to our dedicated page for Broadstone Net Lease news (Ticker: BNL), a resource for investors and traders seeking the latest updates and insights on Broadstone Net Lease stock.

Broadstone Net Lease, Inc. (BNL) is an internally managed real estate investment trust (REIT) specializing in the acquisition, ownership, and management of single-tenant commercial properties. These properties are net leased on a long-term basis to a diversified array of tenants, including those in the industrial, healthcare, restaurant, retail, and office sectors.

BNL's strategic investment approach focuses on acquiring real estate operated by creditworthy single tenants in industries characterized by strong business drivers and favorable trends. This strategy ensures that the properties are crucial to the tenants' operations, thereby allowing BNL to secure long-term, stable leases.

With a heritage rooted in commercial and residential real estate expertise, Broadstone has built a strong track record over the past decade. The company currently serves over 2,500 shareholders through its two privately offered REITs. These offerings are popular among registered investment advisors (RIAs), trust companies, and other wealth management firms, providing a non-commission basis investment option. Shares in these REITs are available via private placement to accredited investors on a monthly basis.

BNL's portfolio is marked by its diversity and quality, featuring properties that are integral to the tenants' business operations. The company aims to deliver consistent returns through strategic property acquisition and effective management practices. This approach has attracted a broad base of investors seeking income-oriented alternatives to the public equity markets.

News

Broadstone Net Lease Provides First Quarter 2024 Business Update

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Broadstone Net Lease, Inc. (BNL) provided a business update for Q1 2024, including investments of $40.1 million, sale of healthcare properties for $251.7 million, and participation in Morgan Stanley Triple Net REIT Day. The company has $282.7 million of committed investments, with acquisitions under control and developments funded. BNL's portfolio consists of industrial, restaurant, retail, and office properties, with strong lease performance and minimal vacancies.
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Broadstone Net Lease Announces 2023 Results and its Healthcare Portfolio Simplification Strategy

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Broadstone Net Lease, Inc. (NYSE: BNL) reports strong 2023 results despite economic challenges. The company focuses on portfolio quality and simplifies its healthcare assets. Key highlights include $1.41 per share of AFFO, $165.6 million investments, and $253.0 million sales of healthcare properties.
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Broadstone Net Lease Announces Tax Treatment of 2023 Dividends

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Broadstone Net Lease, Inc. (NYSE: BNL) has announced the income tax allocation of 2023 common stock dividends, providing specific figures for stockholders to consult with their tax advisors. The dividends include ordinary dividends, capital gain distributions, unrecaptured Section 1250 Gain, Section 897 Capital Gain, nondividend distributions, and Section 199A dividends. The 2023 Capital Gain Distributions consist of long-term capital gains and are excluded from Section 1061 of the Code. The company also discloses the 'One Year Amounts Disclosure' and the 'Three Year Amounts Disclosure' as each being $0. Return of Capital is also mentioned in the press release.
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Broadstone Net Lease Schedules Fourth Quarter 2023 Earnings Release and Conference Call

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Broadstone Net Lease, Inc. (NYSE: BNL) announced the release of its financial and operating results for the quarter and year ended December 31, 2023. The company will host an earnings conference call and audio webcast on February 22, 2024, at 11:00 a.m. Eastern Time. Access details for the webcast and phone participation were also provided.
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Broadstone Net Lease Announces Third Quarter 2023 Results

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Broadstone Net Lease (NYSE: BNL) announced its Q3 2023 operating results. The company invested $16.5 million in properties, completed investments totaling $101.5 million year-to-date, and sold two properties for gross proceeds of $62.3 million. They collected 99.9% of base rents due for the quarter and generated net income of $52.1 million. The company ended the quarter with total outstanding debt of $1.9 billion and declared a 1.8% increase in its quarterly dividend.
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Broadstone Net Lease, Inc. Schedules Third Quarter 2023 Earnings Release and Conference Call

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Broadstone Net Lease, Inc. (NYSE: BNL) will release its financial and operating results for Q3 2023 on November 1, 2023. The earnings conference call and webcast will be held on November 2, 2023, at 10:00 a.m. ET.
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Broadstone Net Lease Announces Second Quarter 2023 Results

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Broadstone Net Lease, Inc. Schedules Second Quarter 2023 Earnings Release and Conference Call

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Broadstone Net Lease Provides Business Update

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Broadstone Net Lease Announces First Quarter 2023 Results

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FAQ

What is the current stock price of Broadstone Net Lease (BNL)?

The current stock price of Broadstone Net Lease (BNL) is $16.07 as of December 20, 2024.

What is the market cap of Broadstone Net Lease (BNL)?

The market cap of Broadstone Net Lease (BNL) is approximately 3.0B.

What does Broadstone Net Lease, Inc. specialize in?

Broadstone Net Lease, Inc. specializes in acquiring, owning, and managing single-tenant commercial real estate properties that are net leased on a long-term basis.

Which types of properties does BNL invest in?

BNL invests in industrial, healthcare, restaurant, retail, and office properties.

Who are BNL's typical tenants?

BNL's tenants are creditworthy single tenants in various industries with strong business drivers and trends.

What is the investment focus of BNL?

BNL targets properties that are integral to the tenants' businesses, ensuring long-term net leases.

How does Broadstone Net Lease, Inc. serve its investors?

BNL serves over 2,500 shareholders through its two privately offered REITs, which are accessible on a non-commission basis to accredited investors.

What is the heritage of Broadstone?

Broadstone boasts a heritage of commercial and residential real estate expertise with a decade-long track record.

Who can invest in Broadstone's REITs?

Broadstone's REITs are open for investment by accredited investors via private placement on a monthly basis.

How does BNL ensure stable returns for its investors?

BNL ensures stable returns through strategic property acquisition and effective management practices.

What is the structure of BNL's investment offerings?

BNL's investment offerings are utilized by RIAs, trust companies, and other wealth management practices, providing a non-commission basis investment option.

What distinguishes BNL's properties?

BNL's properties are integral to the tenants' operations, characterized by long-term net leases and operated by creditworthy tenants.

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Broadstone Net Lease, Inc.

NYSE:BNL

BNL Rankings

#1657 Ranked by Market Cap
#371 Ranked by Dividends

BNL Stock Data

2.99B
187.02M
1.09%
81.52%
1.95%
REIT - Diversified
Real Estate Investment Trusts
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United States of America
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